New America High Etf Price To Sales
| HYB Etf | USD 7.07 0.01 0.14% |
New America High fundamentals help investors to digest information that contributes to New America's financial success or failures. It also enables traders to predict the movement of New Etf. The fundamental analysis module provides a way to measure New America's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New America etf.
New |
New America High ETF Price To Sales Analysis
New America's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current New America Price To Sales | 9.15 X |
Most of New America's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New America High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, New America High has a Price To Sales of 9.15 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States etfs is notably lower than that of the firm.
New Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New America's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of New America could also be used in its relative valuation, which is a method of valuing New America by comparing valuation metrics of similar companies.New America is currently under evaluation in price to sales as compared to similar ETFs.
New Fundamentals
| Return On Equity | -19.63 | ||||
| Return On Asset | 3.28 | ||||
| Profit Margin | (225.08) % | ||||
| Operating Margin | 85.27 % | ||||
| Current Valuation | 241.3 M | ||||
| Shares Outstanding | 23.37 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 22.62 % | ||||
| Number Of Shares Shorted | 13.1 K | ||||
| Price To Earning | 16.35 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 9.15 X | ||||
| Revenue | 17.95 M | ||||
| Gross Profit | 18.43 M | ||||
| Net Income | (40.41 M) | ||||
| Cash And Equivalents | 16 K | ||||
| Total Debt | 84 M | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 0.07 X | ||||
| Book Value Per Share | 9.79 X | ||||
| Cash Flow From Operations | 11.81 M | ||||
| Short Ratio | 0.22 X | ||||
| Earnings Per Share | 0.43 X | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 181.86 M | ||||
| Total Asset | 222.25 M | ||||
| Retained Earnings | (233.73 M) | ||||
| Annual Yield | 0.08 % | ||||
| Year To Date Return | 0.36 % | ||||
| One Year Return | 8.33 % | ||||
| Three Year Return | (0.36) % | ||||
| Five Year Return | 2.71 % | ||||
| Last Dividend Paid | 0.6 |
About New America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New America High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New America High based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New America in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New America's short interest history, or implied volatility extrapolated from New America options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out New America Piotroski F Score and New America Altman Z Score analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of New America High is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New America's value that differs from its market value or its book value, called intrinsic value, which is New America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New America's market value can be influenced by many factors that don't directly affect New America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New America's value and its price as these two are different measures arrived at by different means. Investors typically determine if New America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.